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Should the Australian government impose sanctions on Myanmar?

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Almost 400 Myanmar civil society organisations wrote to Australia’s Foreign Minister this week, accusing Australia of “shameful inaction”.

The groups are urging the Morrison government to impose sanctions on army generals who staged the February coup.

Christopher Lamb is the President of the Australia Myanmar Institute and a former Australian diplomat who served as Ambassador to Myanmar.

He is calling on the Australian government to impose sanctions on Senior General Min Aung Hlaing, the leader of Myanmar’s military.

“The hope would be, that by putting sanctions on Min Aung Hlaing, it would bring other people in the senior military ranks to realise that Min Aung Hlaing was not the future for the country or for them,” Mr Lamb told Ticker News.

DFAT says imposing additional sanctions could limit Canberra’s influence.

But Mr Lamb says he hasn’t “seen any evidence at all that we’ve been able to exercise any influence of any value”.

“At a point you need to consider where Australia should be moving, both publicly and privately, to secure its objectives in the region. I’m not satisfied yet that the Australian government has identified clearly enough what those objectives are.”

Australian man Sean Turnell, who worked as an economic adviser to the deposed leader Aung San Suu Kyi, was taken into custody in February.

Mr Lamb believes the military may see him as “someone who can help them as they consolidate their case against Aung San Suu Kyi”.

“It doesn’t surprise me that this military hasn’t released him. I think they want him for reasons unconnected with his potential guilt, and I don’t think he’s got anything to do with the situation that has come about in the country or has led to it.”

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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